Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS)

Traders

During Massive Sell-Offs, Triple-Leverage ETFs Look Nuts With NYSE Circuit Breakers

During market sell-offs, market crashes and periods of major uncertainty, stocks get battered and volatility rules. Then there is the other extreme in a correction -- triple-leverage ETFs. It is ...
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ETF investing

Are Triple-Leveraged ETFs on the Way Out?

August is generally considered to be the dog days of summer in the financial markets. It seems like most investors are more concerned with their last vacation of the summer ...
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ETF Folly: Triple-Leverage Financials, and Other Triple-Leverage ETFs

The Direxion Daily Financial Bull 3X Shares (NYSEMKT: FAS) and the inverse Direxion Daily Financial Bear 3X Shares (NYSEMKT: FAZ) are leading our Daily ETF Folly feature ahead of the ...
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bank vault

Catalysts Leading Major Financials Back to 52-Week and Multiyear Highs

Banks have been back as a flavor for investors for a while. After all, Bank of America Corp. (NYSE: BAC) was the best performing stock of all 30 Dow Jones ...
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Wells Fargo Earnings Report Proves ‘Safest Bank in America’ Status

Wells Fargo & Co. (NYSE: WFC) has managed to beat earnings but it is obviously going to be in second place after J.P. Morgan Chase & Co. (NYSE: JPM). The ...
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The Moody’s Giant Bank Downgrade Finally Arrives

24/7 Wall St. has been expecting this highly anticipated Moody's downgrade of the large banks and investment banks for weeks.  It appears that the wait is over as the downgrade ...
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Jamie Dimon Tries To Lead Banking Sector, But Trumped by BofA

J.P. Morgan Chase & Co. (NYSE: JPM) is leading the markets higher this morning ahead of the Jamie Dimon testimony.  The problem is that Bank of America Corporation (NYSE: BAC) ...
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Counter-Take: Will A Moody’s Downgrade Actually Be Good For U.S. Bank Stocks? (DB, GE, F, CS, MS, UBS, BCS, GS, HBC, BAC, NMR)

Moody's has telegraphed a banking sector review for quite some time, and it has actually been ongoing and the 'bad news' should be out very soon.  We skipped many of ...
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Bonds Sound Recession Warning, Of Sorts (TLT, JNK, AMJ, XLF, FAS)

So, just two weeks ago it looked as though "Sell in May and go away!" was not going to be as strong of a theme in 2012 compared to 2011 ...
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BofA Earnings Masked in Items, Huge Discount to Book Value (BAC, C, FAS)

Bank of America Corporation (NYSE: BAC) has reported its earnings and the headline numbers may look like a disappointment at $0.03 EPS from its $653 million in earnings.  Revenue was ...
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Moody’s Bank Downgrade Warnings Look Very Staged (CS, MS, UBS, BCS, DB, GS, HBC, BAC, NMR, FAS)

If you think ratings agencies do not quite matter any longer, today may be a reminder that they can still create at least some nervousness even if they are just ...
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Analysts See Easy Retail Sales Comps For… (JOSB, ANN, FAS, PLCE, ARO, AEO, URBN, TLB, BKE)

Stern Agee has some previews ahead for earnings and same-store sales trends in the retail sector.  The firm's Margaret Whitfield and Tom Nikic have some previews ahead of the retail ...
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J.P. Morgan Preview, Huge Bank Sector Book Value Discounts On Deck (JPM, WFC, BAC, C, STT, BK, MS, GS, AXP, COF, FAS)

J.P. Morgan Chase & Co. (NYSE: JPM) is about to report earnings Friday morning as the first bank and second DJIA component kicking off earnings season.  We wanted to make ...
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2012 Starts Out As Year of the Banks (JPM, BAC, FAS, WFC, CIT)

Has J.P. Morgan Chase & Co. (NYSE: JPM) managed to help further turn banks around in 2012?  The sector which had no friends in 2011 is now actually the top ...
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Bank of America Running On Own Merits (BAC, FAS, C)

Bank of America Corporation (NYSE: BAC) was recently named as one of the Top DJIA Stocks With Upside for 2012.  The problem is that the target price from the consensus ...
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